Luxury residential serviced apartments with up to 12% returns

 
UNITED KINGDOM / MANCHESTER
Price on request
  • Location: United Kingdom, Region North East England, Manchester MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, Penthouses, Restaurants, Bars, Garages, Parking spaces
  • Total number of units:114 
  • Units available for sale:50
  • Unit sizes: 0 sq.m FLOOR PLANS
  • Price on request
  • Development status: Under construction
  • Planned completion: 2018
  • Rental return (p.a.): 8% guaranted for 5 years
  • Capital appreciation (p.a.): 26% for 5 years
  • No commission

Complex/building features

  • Total area/size of the building/complex plot 12077 sq.m
  • Total number of units 114
  • Total floors 10
  • Type of construction High ceilings (over 2.85 m)

Distances

Rental income features

  • Rental demand in the area High
  • Who will rent Expats,Local people,Students,Tourists,Young professionals
  • Rental management fee £850-1500 per annum
  • Annual rental income 8% guaranted for 5 years

Exit strategy

  • Resale Possible after completion, Possible before completion
  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent , Property Developer
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Furnishing Fully furnished

Facilities in the complex/building

  • Communal Elevator, Garage, Garden, Lobby, Reception desk
  • Commercial Bar, Restaurant

Additional purchasing costs


These additional costs include the following, among others:

  • Lawyer fees £1595

Capital appreciation (p.a.)

  • Expected price increase of the property* 26% for 5 years

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Buy-back options

  • Buy-back options 125% after 5 years